Brevan Howard Adds Morgan Stanley Trader And May Get Another

Jun 3 2008 | 2:00am ET

A Morgan Stanley proprietary trader has joined Brevan Howard Asset Management, and the London-based hedge fund is in talks with his boss.

Shikhar Ranjan has already agreed to join the US$21 billion firm, TheStreet.com reports. He, his boss Mike Pohly and colleague Jared Epstein have left Morgan Stanley, reportedly among 1,500 layoffs firm-wide layoffs. Pohly is now in discussions about joining Brevan Howard, but no agreement has yet been struck, TheStreet says.

Pohly’s group is not thought to be responsible for the billions in losses that Morgan prop desks have suffered recently.


In Depth

FINalternatives Survey: We Asked Investment Pros...

Apr 2 2016 | 9:42pm ET

The data from our annual reader survey continues to roll in and provide interesting...

Lifestyle

Point72's Cohen Donates $275M To Veterans Mental Health Network

Apr 6 2016 | 8:31pm ET

Billionaire hedge fund manager Steve Cohen has formed a non-profit aimed at treating...

Guest Contributor

Agecroft: Why NYCERS Should Reconsider Exiting All Hedge Funds

Apr 18 2016 | 5:51pm ET

The recent decision by the New York City Employment Retirement System to exit its...